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Excess savings, implies we shouldnt have it? What is considered excess?
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r/wallstreetbets
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r/wallstreetbets
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2024-22-05
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Yes, definitely lol
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r/wallstreetbets
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2024-22-05
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Genuine question, did those expanded unemployment benefits raise to a higher level of benefit than a normal Tuesday in western europe?
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r/wallstreetbets
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2024-22-05
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This is prime selection Bias. Choosing to graph the only time Americans were scared shitless of a new disease spreading across the globe so they didn’t go out, worked from home, and didn’t spend money. Then watching the disease fade away and them return to going out, commuting, spending money again.
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r/wallstreetbets
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2024-22-05
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Those expanded unemployment benefits were more than your monthly salary in western Europe. Go sit down somewhere.
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r/wallstreetbets
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2024-22-05
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Europenises are so smug typing from their parents house making less than a California fast-food worker despite working as a software engineer. Fuck off already. No one cares
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r/wallstreetbets
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2024-22-05
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You mean the inflation? Prototypical Biden voter.
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r/wallstreetbets
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2024-22-05
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It was disgraceful, and the reason for all this inflation. Fuck everything about Biden.
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2024-22-05
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I never see this talked about but, what about unemployment? So many people that I knew personally were getting more money than they were from their regular jobs. I know it’s anecdotal but, so many the service/gig workers were put on there ass.
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r/wallstreetbets
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2024-22-05
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r/wallstreetbets
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2024-21-05
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🤣 🤣 🤣
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r/wallstreetbets
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r/wallstreetbets
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2024-22-05
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Buy high and sell low,
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r/wallstreetbets
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2024-22-05
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Isn’t SoFi at low 7’s a solid buy? Strong fundamentals, rising income, good user experience. What am I missing? Why is this stock stuck at the same price for basically forever?
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r/wallstreetbets
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2024-21-05
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If everyone buys and holds the price action should continue to move up. Happy trading everyone.
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r/wallstreetbets
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2024-21-05
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[https://finance.yahoo.com/news/us-federal-budget-crosses-grim-milestone-as-interest-payments-overtake-defense-spending-155521072.html](https://finance.yahoo.com/news/us-federal-budget-crosses-grim-milestone-as-interest-payments-overtake-defense-spending-155521072.html)
For the first seven months of fiscal year 2024, which began last October, net interest payments totaled $514 billion, outpacing defense by $20 billion. Budget analysts think that trend will continue, making 2024 the first year ever that the United States will spend more on interest payments than on national defense.
David Schweikert (R-AZ) has been shouting about this for months:
[https://youtu.be/c3Lp9mLwFOo?si=3iW36VimA-RiwdSB](https://youtu.be/c3Lp9mLwFOo?si=3iW36VimA-RiwdSB)
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r/wallstreetbets
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2024-21-05
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Social security is the largest expense, not debt.
Medicare and other health programs are the next 2 biggest expenses after social security
So no. Debt is not the biggest expense in the US budget. Cute but wrong.
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r/wallstreetbets
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2024-21-05
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That wouldn't even cover a third of our deficit. How about we stop spending like drunk monkeys
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2024-21-05
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Nailed it.
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r/wallstreetbets
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2024-22-05
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There will come a point when the math will stop and s$76 will hit the fan!
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2024-22-05
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And it worked.
We don’t need that level of shock therapy but it would help.
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r/wallstreetbets
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2024-22-05
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This is literally what they did after 1929
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r/wallstreetbets
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2024-22-05
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In April-May it was rumored DEXCOM (DXCM) was in talks to buy TANDEM ( TNDM) at the time DXCM was trading at $130, now this past week there’s been nice upward movement in TNDM and the company put a company wide blackout on ALL share buys & sells and cxl all existing orders until further notice. Today DXCM is trading at $131, yrs 2 yrs of a bull market and it’s up $1 !!!! I’d say if the CEO wants to keep his job he must do something and buying Tandem now makes even more sense, Tandem is blowing past previous EPS and current estimates. This looks like an opportunity too good to pass up.
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r/wallstreetbets
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2024-21-05
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[https://www.hollywoodreporter.com/business/business-news/pixar-layoffs-hit-storied-animation-studio-1235904847/](https://www.hollywoodreporter.com/business/business-news/pixar-layoffs-hit-storied-animation-studio-1235904847/)
Looks like DIS is getting more serious about cost control.
More at [https://www.reddit.com/r/movies/comments/1cx9erd/major\_pixar\_layoffs\_longexpected\_now\_underway\_14/](https://www.reddit.com/r/movies/comments/1cx9erd/major_pixar_layoffs_longexpected_now_underway_14/)
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2024-21-05
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"Even more dramatically, those movies have actually lost Disney approximately $2.8 billion, making the future of Star Wars movies more than a little shaky."
While the article has a lot of speculation if you include the disastrous starwars hotel and the TV series they spent billions on that nobody watched this doesn't seem to be true. Their official disney numbers show profits but mostly because disney streaming paid disney productions huge amounts of money they then lost.
https://insidethemagic.net/2024/04/disney-ready-to-give-up-on-star-wars-after-losing-billions-nk1/
And ,marvel WAS a money printing machine but well not anymore. Here the situation is a bit more shaky for 2023 with marvels and quantumania losing millions while guardians 3 made money but the series they again paid themselves most likely losing money too. So they are lucky if they ran even.
https://thedirect.com/article/marvels-studios-money-lost-mcu-movies
But whatever the exact financial truth its amazing in general how you can screw up two of the most profitable franchises of all time like that.
You can just see how the profit making machine that was disney until 2020 started to stutter with quarters losing money and other quarters bringing profit but much less than the pre pandemic and less prepandering trend
https://www.statista.com/statistics/224415/quarterly-net-income-of-the-walt-disney-company/*
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r/wallstreetbets
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2024-22-05
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Well, according to Disney they’ve made 3x on Star Wars, so I’m a little hesitant on your actual sources. It’s also around 3.5x on marvel.
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r/wallstreetbets
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2024-22-05
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Betting on Disney is like betting on the house in a rigged casino, my friend.
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2024-22-05
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r/wallstreetbets
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2024-21-05
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You can gamble but don't do it in your TFSA. Do it in a non registered account. Day trading in your TFSA is gonna get dinged by the CRA (and they ARE cracking down on this).
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r/wallstreetbets
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2024-21-05
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Shares gtfo 😂 yolo my ass.
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2024-22-05
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Well it did til it didn't. ItS GoNnA DrOp sOoN BeT. Correction incoming... Up 5k in a month then down 5k in a month. Got too confident/greedy then started to chase the losses. RIP.
400 to 800 on ACRS calls few months ago.
Up to 2k from 800 on the DJT/DWAC merger.
Up to 5k riding spy puts down from 523 to 493.
Down about 5k riding spy puts and 0DTE calls on flat days from 493 to 530
https://preview.redd.it/xxnx8sbdit1d1.png?width=1591&format=png&auto=webp&s=d0de8e38b0ec48a636c0c4e92c42336a503b0e08
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r/wallstreetbets
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2024-21-05
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The only thing that got me confused at recent OpenAI demo, is that they are making chatGPT4o voice and video options available to everyone, not just paid users. Then I realized - fuck, this Nvidia chips are actually cheap for them, not expensive. So cheap that OpenAI can get all these compute power to non paying users.
Imagine you are in business of renting electric cars, say Teslas. And another electric car company comes to you and says we will sell you car that goes 8 times the range of you tesla on the same charge. Wouldn’t you buy these cars? You will have to because your customers will demand this specific cars, they don’t want Tesla anymore. Because even if they pay more price, the price of using these vehicles will be much lower. That’s what Nvidia does , it accelerates computing and it makes it very very cheap to use it at the same time.
Now, the question is, at what point you will say you have enough of these chips. Jensen answered that question. There is about 1 trillion dollars in “old” data centers in the world.
And apparently, old data centers will keep losing customers because the price of compute they provide is too high, and they can’t even compute at the speed that is needed for new applications (AI). Given that the new Nvidia chips that is coming later this year, and others after that, and the speed of AI development, the world would need as much of chips as they can get that are providing as low price of using those chips as possible. We don’t know where is AI going, so we can’t know when the world would say they have a enough chips or that they don’t need even more efficient chips.
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2024-21-05
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2024-21-05
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Seriously. I work in AI and data science. The hype curve is very much still rising.
There's a million companies out there investing in AI. The job market is crazy for ML engineers.
While I do think we'll see a drastic drop in NVDA, it's likely not going to be in this quarter - unless they give really low forecasts.
Save your money apes.
Try to wait another quarter or two.
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2024-21-05
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If you’ve been paying attention for the past quarter you’ve seen NVDA inking deals with every major player in almost every industry for their hardware. If anything they’re undervalued at the moment.
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r/wallstreetbets
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2024-21-05
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This. Going to pull a panw.
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2024-21-05
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Buddy of mine is going for a BS in Information Science and Technology, AND a required class is about how to search search engines. He's so pissed at it, he just made chat write an essay for 1 of his "essay" assignment on how his experiences went. Lol
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r/wallstreetbets
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2024-21-05
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You know people can preorder Blackwell right? 
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r/wallstreetbets
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2024-21-05
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Don’t be a hero, let it work itself out. It’s not just gonna V shape straight down
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r/wallstreetbets
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2024-21-05
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Bro please…shut the fuck up
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r/wallstreetbets
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2024-22-05
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AI will take the jobs we don’t want and allow it to take.
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r/wallstreetbets
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2024-22-05
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We have been here before, the More we get close to 1,000 it Will break
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r/wallstreetbets
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2024-22-05
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Like being an artist, a notoriously hated job /s
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r/wallstreetbets
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2024-22-05
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r/wallstreetbets
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2024-22-05
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Just the tip
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r/wallstreetbets
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2024-22-05
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Dude, the stock is at 2.35T MC, give it a rest with this regarded “it’s actually cheap” argument.
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r/wallstreetbets
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2024-22-05
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NVDA to 4T by end of summer, right?
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r/wallstreetbets
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2024-22-05
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Please take a seat behind Terminator, thanks.
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r/wallstreetbets
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2024-22-05
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If it’s forward looking, then shouldn’t they price in all future growth and launch NVDA to 10T$ market cap already since AI is supposed to be the next revolution?
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r/wallstreetbets
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2024-22-05
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If that Denny’s in SV were to ever meet its maker, Nvidia is done.
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r/wallstreetbets
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2024-22-05
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Just like how the buzzwords two years ago were cryptography, solar, and self driving as justification to pump stock valuations. Then people realized how much of a bubble we were in and raced for the exit.
NVDA top may not be in yet, but when it does pullback, it’s going to drop quickly.
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r/wallstreetbets
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2024-22-05
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Data scientist.. is that like being a science scientist? 🤔
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2024-22-05
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Do you think they announce literally everything they do before earnings?
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2024-22-05
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Too much priced in volatility on NVDA, and the risk-reward ratio is skewed too far to risk. Literal coin flip if NVDA goes up or down in the next couple of months. Will probably rise long term, but there are better opportunities elsewhere with shorter wait periods.
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r/wallstreetbets
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2024-22-05
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Clearly, they don't know what they're talking about. NVDA is a sure bet, always bet on nVidia.
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r/wallstreetbets
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2024-22-05
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There’s no such thing as a prompt engineer
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2024-22-05
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It is not 😅
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2024-22-05
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But that is AI... ML is just a form of AI.
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2024-22-05
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SLR is a classic example of supervised machine learning. Of course it's AI... People think AI is some super sophisticated thing, but a lot simple algorithms fall into AI.
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r/wallstreetbets
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2024-22-05
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So much for the negative sentiment around his 56 billion dollar pay package 😐
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r/wallstreetbets
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2024-21-05
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A lady you pay to leave your truck
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r/wallstreetbets
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2024-21-05
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Exactly! :)
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2024-21-05
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Can't Optimus drive it?
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r/wallstreetbets
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2024-21-05
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Hydrogen trucks will make these jokes obsolete anyway
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r/wallstreetbets
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2024-21-05
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Hydrogen trucks, eh? Sounds like a ticking time bomb, if you ask me.
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r/wallstreetbets
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2024-21-05
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Average regard. Go back to your shanty.
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r/wallstreetbets
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2024-21-05
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Do you think it's normal to be so obsessed with someone that doesn't impact your day to day life in any way?
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r/wallstreetbets
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2024-21-05
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https://www.peterbilt.com/news-and-events/press-releases/peterbilt-announces-commercialization-plans-for-hydrogen-fuel-cell-technology
https://www.internationaltrucks.com/alternate-fuel/hydrogen-fuel-cell
https://www.traceyroad.com/freightliner-partners-with-cummins-on-hydrogen-fuel-cell-truck/
You are way out of your element here as you know nothing about the class 6-8 truck industry.
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r/wallstreetbets
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2024-21-05
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yeah, after hours the price is already down, cant wait for the crash tomorrow 🤑
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r/wallstreetbets
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2024-21-05
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Because the hot air Elon blows is what keeps the stock inflated. You don’t pay him then he takes that elsewhere.
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r/wallstreetbets
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2024-21-05
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I hope that never happens.
These robots would put me out of business behind my local Wendy's.
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r/wallstreetbets
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2024-21-05
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A very small %. Only LTL companies like Old Dominion, Conway, Saia, etc and then mega OTR carriers like JB Hunt, Swift, Schneider, US Xpress that have multiple terminals will make sense for EV adoption at this point.
It 100% makes sense for them. IMO though, since there is not tue public infrastructure out there, these mega fleets that are going to do this are going to be building these stations at their own terminals which will further delay the adoption of full public infrastructure because the need for stations outside of those private terminals will be severely limited.
Not saying it's not possible, but for adoption outside the mega fleets to occur, there will have to be charging infrastructure either at truck stops or shipper / receivers. The amount of planning by carriers that would go in to determining the viability of a same day lane contract would be insane to determine if an EV truck could handle a specific movement at the Long haul OTR level. IMO, we are still 5-10 plus years away from even 15% adoption across the industry if not longer.
I know shippers / customers are pushing for the trickle down GHG emissions reductions so they can say they are reducing their footprint by utilizing carriers that are reducing emissions but it's just not feasible.
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r/wallstreetbets
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2024-21-05
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They don't even need to. Tesla has plenty of Supercharger locations, even in remote parts of the country, as long as they aren't straying hundreds of miles from the interstates. They just\* need to reconfigure those to handle trucks, as well as cars.
\* That's not a small detail, but it's still significantly less than having to start from scratch.
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r/wallstreetbets
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2024-22-05
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Just wait until they merge the Tesla bot and the Boring company Flame thrower. To the mooooooonnnnnn!
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r/wallstreetbets
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2024-22-05
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This post makes no sense.
I actually work for a company making electric trucks. We are now using an electric truck to deliver shipments between local suppliers with chargers at the sites. Semis don't kick their trailer off and leave, they have to sit and be loaded/unloaded which is usually an hour at location. The truck charges at the station during that time
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2024-22-05
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Fritolay has been on nat gas for 20 years, here. so they are a prime customer for something like this.
But no, no one that is a driver pulling full tilt would want anything to do with it, for a myriad of reasons.
First and foremost would be cost then reliability.
20 years owner operator out of Atlanta.
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2024-22-05
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Seems like we agree then. Feels weird. Do we have a beer now, or what happens? Did we win reddit?
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r/wallstreetbets
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2024-22-05
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Seems like sentiment is shit around tesla in wsb.. time to buy calls!
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2024-22-05
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Indeed, time to feast on the tears of the downtrodden.
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2024-22-05
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I love the smoke and mirrors he is able to create. From the comments, I garner that charging efficiently is a huge issue… too many trucks need too much charging to enable wide scale adoption. I guess the next press release needs to be the plans for super charging stations everywhere.
Wait.
Didn’t he just fire his whole super charger team?
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2024-22-05
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The real $ will be when they make utility vehicles (work vans, utility vehicles). But Elon seems to go big first lol. Everyone freaks out about charging which 10 years ago may have been a bigger concern, but in reality the infrastructure is only gonna get more convenient. 2 years ago the closest supercharger was nearly 45 minutes away. Now there is one by the turnpike exit which is 3 miles from my house.
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2024-22-05
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That source doesn't exist because it's not true lol. People get blinded with hate when it comes to Tesla.
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2024-22-05
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2024-21-05
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DoJ is lurking in the shadows, I assure you this
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r/wallstreetbets
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2024-21-05
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My little accounting firm does 120k in revenue... According to my calculations, I'm worth roughly a quarter of a billion dollars!
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r/wallstreetbets
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2024-21-05
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What will Doni tell us: No no no they have stolen our profit, we made a profit !!! Obama and Biden and all the Democrats have cheated and stolen our profit 🤡🤡🤡
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r/wallstreetbets
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2024-21-05
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Bagholder spotted.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
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r/wallstreetbets
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2024-21-05
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Shit, that's a thought.
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r/wallstreetbets
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2024-21-05
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Russians, Hungarians & North Koreans are financing his campaign by buying DJT at an ultra high premium. As per the orangeman "this is a perfect business, very legit, very legit"
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2024-21-05
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You don’t? You fucking coward.
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r/wallstreetbets
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2024-21-05
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Apple and MSFT are not most tech companies…
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r/wallstreetbets
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2024-21-05
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Ehhh. I mean anything has value if enough people believe it does. FIAT is literally printed from thin air and based on nothing, yet *CrYpTo iS a ScAm!!*
It’s literally no different. Hell… many of them at least have some sort of cap or regulation on how many new tokens can be minted and when. So I’d argue it’s less of a scam than the USD.
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2024-21-05
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Not to mention a P/S ratio of about 2000.
And not to pile on here, but 770.5K isn't just tiny in absolute terms; it's also way down from the same quarter last year. You'd expect there to be at least some growth from their alarmingly tiny revenue numbers last year, growth in users, growth in advertisers etc, but instead they've managed to collapse by a good 30-40 percent each of these last two quarters.
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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Idk, at least it’s not us getting grifted lmao. I don’t care what some stupid loser does with their money, you shouldn’t either.
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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I don’t know how they spent over $300 million, but I guess only few people visited the site
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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Cheeto burrito?
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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I like this. I'm going to sleep well tonight.
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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That's their point
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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It’s money laundering. His real estate biz is under watch so now he washes it publicly through this company. Stop being dumb. This man is a criminal.
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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They are literally in the business of repaying loans...
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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Damn! Ok ok! You are right, right?!?
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r/wallstreetbets
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comment
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r/wallstreetbets
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2024-21-05
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